CALGARY – Shaw has helped to deliver more than $900,000 to the on-going relief and recovery efforts of the Red Cross in Haiti.
In addition to a corporate donation of $100,000 immediately following January’s devastating earthquake, Shaw doubled its employees’ donations, which in turn were matched by the Canadian government.
"We are blown away by the generous contributions of our employees in providing relief to those affected by this disaster," said president Peter Bissonnette, in a statement. "The fact that many of our employees were able to donate $50 or $100 out of their paycheques demonstrates the incredible spirit and generosity of our employees."
Shaw…
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CALGARY – The Ontario Superior Court of Justice has approved Shaw’s takeover bid of Canwest, despite a last minute rival bid lead by investment fund Catalyst Capital, the Asper family and two former Rogers execs.
The Calgary-based cable company has entered into agreements with Canwest and certain 8% senior subordinated noteholders for a minimum commitment to buy $95 million worth of Class A voting shares in a restructured Canwest, which represents 20% equity and an 80% voting interest.
Shaw’s initial equity interest will exceed 20% depending on the number of Canwest creditors that elect cash rather than shares in restructured…
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CALGARY – Shaw Communications will be the first provider in Canada to trial Gigabit Internet, which it says is capable of speeds of up to 1000 Mbps.
More than 10 times faster than Shaw’s fastest current Internet package, the new service will be delivered over fibre-to-the-home (FTTH) to support emerging Internet applications that require faster download speeds.
"This is game-changing technology," said president Peter Bissonnette, in the announcement. "We are on the leading edge of change with this trial – bringing blazing speeds and new network capabilities that will give us a springboard for future possibilities. It’s really exciting to think…
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CALGARY – Shaw Communications announced this morning that it intends to purchase control of CanWest Global Communications.
The Calgary-based cable company has entered into agreements with Canwest and certain 8% senior subordinated noteholders to acquire a minimum 20% equity interest and 80% voting interest in the broadcaster, which includes effective control of a restructured Canwest. Shaw’s initial equity interest will exceed 20% depending on the number of Canwest creditors that elect cash rather than shares in restructured Canwest, says the press release.
Full financial terms were not disclosed.
"We are excited about the Investment and gaining effective control of one of the…
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CALGARY – Shaw is continuing to tweak its cable channel lineup in advance of the Olympics.
Effective immediately, Shaw Cable has moved TSN down from channel 30 to 23, making the network available to customers as part of their basic programming package.
The channel change is effective in Greater Vancouver, Whistler, Squamish and Bowen Island.
www.shaw.ca
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CALGARY – Shaw is making it easier for its Francophone customers to watch the Olympics.
Beginning this Friday, Shaw Cable customers in the Vancouver area will be able to watch French coverage of the Olympics on the V network on channel 40, which will temporarily take the place normally held by Bravo.
Bravo will move to digital channel 56 on February 12, and then back to its usual spot on March 1, 2010. This change is effective for the Vancouver area, including Whistler and Squamish.
The V network will provide Francophone viewers with CTV’s coverage of the Vancouver 2010 Olympic Winter Games. Shaw is…
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DENVER, CO – J.R. Shaw, executive chair of Shaw Communications, has been named as one of six honourees to be inducted in to the Cable Hall of Fame Class of 2010.
The other new inductees are: – Yolanda Barco, former Vice President and Executive Officer, Meadville Master Antenna Inc. (deceased); – Allen Ecker, Executive Vice President of Scientific Atlanta, now retired;– Terence F. McGuirk, Chairman and CEO, Atlanta Braves;– Marc B. Nathanson, Chairman, Mapleton Investments; and– Abbe Raven, President and CEO, A&E Television Networks.
The honorees were chosen based on their dedication to and impact on the…
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MONTREAL – Shaw Direct has added the V network in high definition to its lineup of French programming.
All V channels in standard and high definition will be offered on free preview throughout February, offering customers more French coverage of the Vancouver 2010 Winter Olympic Games which begin on February 12.
www.shawdirect.ca
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TORONTO – Cable viewers can watch many of their favourite Olympic moments over and over again, on demand thanks to a video on demand agreement signed with four cable operators.
More than 700 hours of video on demand coverage in English and French of the 2010 Winter Games will be available via Rogers Cable, Shaw Cable, EastLink and its subsidiary Delta Cable and Source Cable, free of charge. This represents more than triple the amount of on demand coverage of Turin 2006 (221 hours).
(Ed note: As a Cogeco Cable customer and Olympics fan, we here at Cartt.ca are very hopeful…
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CALGARY – Shaw Communications will purchase for cancellation 1.6 million of its outstanding Class B non-voting participating shares for an aggregate purchase price of $30.5 million.
The move represents approximately 0.39% of the Class B shares outstanding as at December 31, 2009. The transaction is expected to settle on January 21, 2010.
The private purchase was made under an issuer bid exemption order issued by the Ontario Securities Commission.
www.shaw.ca
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